Latest News- Glabridin (CAS 59870-68-7) Market: HPLC 20 percent is expected to lead the Type segment during 2025-2029

The Glabridin (CAS 59870-68-7) Market is being driven by Growing cosmetics industry in developing countries

The Glabridin (CAS 59870-68-7) Market is expected to grow at a CAGR of 5.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 8343.3 million. In the realm of natural compound purification, there has been a significant focus on refining separation techniques for glabridin (CAS 59870-68-7). This compound, with a wide range of applications in cosmetics, skincare, and pharmaceuticals, necessitates high levels of purity for optimal efficacy. Macroporous resin purification has emerged as a valuable methodology in this regard. This technique utilizes specific resins, characterized by their porous structure, to selectively adsorb glabridin (CAS 59870-68-7) from intricate mixtures. Researchers manipulate critical parameters, such as pH and solvent type, to effectively isolate glabridin (CAS 59870-68-7) and eliminate impurities, ensuring the production of high-purity glabridin (CAS 59870-68-7) for various industries. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • HPLC 20 percent
  • HPLC 40 percent
  • HPLC 60 percent
  • HPLC 90 percent
  • HPLC 98 percent
• Application
  • Cosmetics
  • Pharmaceutical
• Product Type
  • Powder
  • Liquid
  • Capsule
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • Mexico
    • US
  • Europe
    • Germany
    • UK
    • France
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing cosmetics industry in developing countries
• Growing geriatric population globally
• Increasing consumer demand for natural ingredients in skincare and cosmetic products

However, the market also witnesses some limitations, which are as follows:

• Growing price volatility related to raw materials used in glabridin production
• Growing concerns regarding sustainability and sourcing of licorice root
• Availability of several synthetic alternatives for glabridin

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Market Scope in Glabridin (CAS 59870-68-7) Market Research Report

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Research Analysis Overview

Glabridin, identified as CAS 59870-68-7, is a natural phenol derived from licorice root, renowned for its skin-lightening, antioxidant, anti-inflammatory, and free-radical scavenging properties. Its availability as a raw material is influenced by regulatory changes, economic conditions, and environmental regulations. The compound's use extends to skincare applications, anti-inflammatory products, and pharmaceutical formulations. The technological roadmap includes digital technologies, precision medicine, and ecofriendly sourcing. Quality management is crucial in ensuring the safety and efficacy of glabridin in various applications, including health and wellness, antiaging, and dietary supplements. The trend towards natural ingredients, plant-based alternatives, and chemical-free products is driving innovation in the market. Regulatory compliance, digital marketing, and addressing skin conditions are key challenges. The clean beauty trend and nontoxic ingredients are also influencing the market landscape. Artificial intelligence and precision medicine are expected to revolutionize the industry, offering personalized solutions for consumers.

Market Research Overview

The global specialty chemicals market, encompassing manufacturers of high-value-added chemicals, is poised for significant expansion. Key growth drivers include the increasing demand for specialized adhesives and sealants, regulatory changes, economic conditions, safety regulations, and technological advancements. These factors will shape the market's technological roadmap, with digital technologies playing an increasingly important role. Raw material availability will also impact the market, as suppliers adapt to evolving industry standards and consumer preferences. The specialty chemicals market size is calculated based on the combined revenue generated by manufacturers in this sector, spanning fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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